The T-Test Has Some Stringent Assumptions,if the Data Reasonably Depart

question 19

Multiple Choice

The t-test has some stringent assumptions,if the data reasonably depart from those assumptions

• A)the t-test results can probably still be used
• B)the t-test can no longer be used
• C)it is best to use the Levene's Test instead of the t-test
• D)you should use both the t-test and the Levene's Test to determine how much assumptions have been violated

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Definitions:

Residual Value

The estimated value of an asset at the end of its useful life, often considered in depreciation calculations.

Depreciation Expense

The cost allocated to reflect the reduction in value of a tangible asset over its useful life, as part of the wear and tear or obsolescence.

Depreciation

A method of allocating the cost of a physical or tangible asset over its expected usable life to account for decreases in value over time.

Residual Value

The estimated value that an asset will realize upon its sale at the end of its useful life.